Which of the Following Statements Is True of Age Discrimination

question 10

Multiple Choice

Which of the following statements is true of age discrimination in the United States?

• A)The courts have not given government and employers much leeway in establishing age-based policies.
• B)Forced retirement for reasons of age is not permissible even if justified by the nature of a particular job or the performance of a particular employee.
• C)Age discrimination is among the forms of discrimination prohibited by the U.S.Constitution.
• D)Mandatory retirement ages for most jobs have been eliminated by law.
• E)Hiring bias on the basis of age is still allowed by all private companies,but has been most abolished in government and public agencies.

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Definitions:

Agency Theory

The theory that deals with problems caused by separating ownership from control in the modern corporation.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of property, finances, or other responsibilities.

Debt Contracts

A legal agreement specifying the conditions under which money is borrowed and must be repaid by the borrower.

Monitoring Costs

Expenses related to overseeing and managing investments or ensuring compliance within financial agreements.